Encouraging news emerged on the security front today after the latest research from the European Union revealed that just 12 per cent of enterprises in the region suffered security related hardware or software failure last year.
The research from EU statistical office Eurostat also found that just five per cent of European firms reported the destruction or corruption of data owing to malware infection or unauthorised access.
UK and Hungarian firms fared the best, with only four per cent admitting unavailability of ICT services or destruction or corruption of data because of a security incident.
In addition, the UK came out above the European average when it came to the number of enterprises using strong passwords and/or hardware tokens to authenticate users.
Some 53 per cent of UK firms are using such methods, while the European average is 50 per cent, but the figure was some way behind the leaders Italy (66 per cent), Ireland (64 per cent) and Slovenia (64 per cent).
More reassuringly, just one per cent of UK firms said they suffered the disclosure of confidential data owing to intrusion, pharming or phishing attacks last year, while just two per cent claimed unavailability of ICT services owing to attacks from outside.
The news comes in the same week that an Ernst & Young global information security survey found UK participants faring well compared to their global counterparts.
Globally just 46 per cent of firms intend to increase annual investment in information security, but this rose to 67 per cent for UK participants.
In addition, while half of UK companies said that data leakage is their top or second priority, an encouraging 85 per cent have implemented encryption technologies for laptops, compared to 47 per cent globally.
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